Post Reply
1261-1280 of 2165
>Sgd. 1.00, price is considered too high!
ozone2002 ( Date: 07-Sep-2010 10:33) Posted:
|
support @ $1 ..
gd luck..
Punctured liao. Back to 1.00 
CHARTVIEWS For 7th September 2010
Swiber Holdings - Bullish break of resistance suggests further upside
Levels to Watch in Trading: Resistance set at $1.13
Support set at $1.00
Stock Rating: No Rating
Target Px: NA
Last Closing Px: $1.02
52-week Px Range: $0.79 - $1.28
SGX Code: AK3
BLP Code: SWIB SP Equity
Chiong ya...
1) resistance $1 broken...
2) MACD cross over, buy signal
2) RSI and Stochastic heading up up up....
Dis bugger always pass 1.00 and then puncture again. Dont have high hope....
1.01 -1.02
chiong ah..go go go
$1... accumulation in progress for the chiong..
Well, each stock will go up and down despite it is good in FA, that's why we have TA chart to guide us. It goes the same with PEC. I have got many times on PEC on short-term basis which mean I sold at mini-wave peak and bought at the bottom mini-wave many times. Recently I got PEC again at 0.89 in order to get in for a short term mini-wave but missed the queue-ing price of 0.925 which I targeted to offload half of my holding for that price.
This is always the way, one of my trading strategies which I have mentioned many times from my previous contribution here and also to my subscribers at my blog site on the previous lesson to my subscribers (long time back). The beauty of offloading half of the lots you bought infact can actually lock in the profits and also ensure that the capital you invested getting lower and lower for that stock price which also give you the opportunity to buy at lower price later. Let's think about it, how many times you have missed the high price to sell into profit , later found out that you eventually didn't make money at all because thinking that it will go higher?
It is definitely a thought to think about it.. :)
Anyway, All the best and tomorrow another trading day for everyone to ponder upon !
Thanks,
Star-Trader
Good to hear that Pec does have potential like i believe it to also...but little unnerving the movt of its price isnt it... wonder if it is just weak holders letting go because due date reached?
star-trader ( Date: 04-Sep-2010 08:52) Posted:
|
danielXX
think u got it metaphorically wrong..should not be SHIT WAITING TO EXPLODE..
should be more of like little brother waiting to explode.............. :)
This is the reason why retail investors seldom make money in the stock market. They never bother to understand the company's business other than classify them into "oil & gas", "property", "technology" etc. Swiber and PEC are as different as night and day.
In my view Swiber is a piece of shit waiting to explode. You can take my word from the writer of the Hotstocksnot blog.
I have not learned the FA of both the companies but though both are oil and gas related, PEC is one way up of Swiber because PEC is dealing with Pharmaceutical Industry as well. Even if market capitalisation is lower than Swiber, I can see PEC will be a potential with consistent profit during financial report.
Thanks,
Star-Trader
Is PEC a better managed coy with greater potential than SWIBER?
It went up but not able to break $1.00, if it able to stay above 0.975 with more buying support, this stock will cross $1.00 again.
Let's see!
Happy Weekend!
Star-Trader
star-trader ( Date: 24-Aug-2010 22:31) Posted:
|
A cheap n potential offshore marine coy. Now, below a dollar, as compared the avg px of 106 since mid Jul. Making US$ since 06, avg 30mil each yr. But so far no div given. Hope, ds yr is an exception loh. Cheers.
TP 1.5 50% upside..chiong ah!!!
Singapore O&M Sector (MARKET WEIGHT)
Analysts: Nancy Wei/Stella Tan (65) 6590-6628/29
It would appear Murphy's law prevails in the US offshore drilling market. There has been another rig explosion in the US Gulf, except the disaster has not been as bad as the BP's Macondo oil spill. Negative sentiments are already casting uncertainty over global rig spending (excluding Brazil's Petrobras' rig programme) which now adopts a wait-and-see attitude. This indirectly affects the sentiments on the Singapore offshore & marine sector. We continue to prefer a bottom-up strategy in stock selections, preferably stocks that have a high visibility of project pipelines. Our top stock picks are Swiber (SWIB SP/BUY/Target: S$1.54), Ezion Holdings (EZI SP/BUY/Target: S$0.90) and Ezra Holdings (Ezra/BUY/Target: S$2.17). The latter's share price will be subdue in the short term in view of its recent rights issue proposal.
waiting for this baby to break out of its consolidation range..
All, I am back..!
hope to contribute back again after a long break from the forum... I will start with Swiber.
As usual, my TA will start with candlesticks..2 Dojis for the past 2 days showing indecisiveness between the buyers and sellers. But today's Umbrella showing that the buyers are still trying to overcome sellers.. This stock can be a potential reversal once the we can see the bullish trend is intact. This is one of the potential stock to check it in 1 to 2 weeks time...Will post more on this when time is due..
Star-Trader
Fundamentally, Swiber just issue the S$110,000,000 fixed rate note due on 2012, with yield up to 5%, which is a good signal for the equity investor, since the company shows the confidence in future profit ability, which is also trusted by the bond lender and guarantor. The strong order book is another support, which will reveal the result in the following financial report. Furthermore, if we check its P/E and P/B ratio, they are 10.4 and 1.09, which is slighty lower than the average of oil and gas sector, and also much lower than soem of the other sectors, e.g P/E = 20 for property sector. In the whole oil and gas sector, the market is still bright as the huge order from outside as well as the moving up of the supply chain. The most threaten I believed is the any drastic decline in the oil price (currently US$73/bbl).
Technically, Swiber trade at low volume with slightly decline price in the past week.And its RSI is below 30 already. Swiber got strong support at S$0.97, but also encounted strong resist at S$1.02.
Currently, the recommed target price from various security firms are from S$1.33 to S$1.57. However, base on the current ananlysis, I believe the target price within 3 month will be around S$1.20 unless we see the larget increase in the oil price. (I believe oil price can only recover in the next year as it is quite close to the US economy policy).